So, rental properties aren’t passive income?
This is the six of a series of videos in which I tackle the difficult question of where to invest during a crisis. If you’ve been following along, by now you realize that whether there is a crisis or not, it should not affect your investment strategy. Your investment strategy is key. After all, this is how the professional investors decide where to invest. Now in this video, I explain why your real estate investment in rental properties is NOT a source of passive income. People assume that if they hire a property manager that they can simply leave all the decisions up to him. I will explain why this is a BIG mistake.
Real passive income ideas!
In the video I will give you some passive income ideas and ways to earn passive income streams. Real estate investing can provide passive income if you do it properly. There are many options when it comes to investing in property for beginners. You can invest in real estate investment trusts, real estate investment funds, Vanguard index funds, S&P 500 index funds, government bonds, treasury bonds etc.
If property investment is your thing, there are ways to do this that provide a secure income stream. Diversification is the key here.
I also explain the difference between passive vs active investing. This will lead you to the best ways to make passive income. This can be with stocks, bonds or real estate. The key to passive income is making a passive investment. But to do that, you need to know what a passive income investments are!
So, watch the video and remember to subscribe so you don’t miss any of my videos.
Disclaimer: The opinions expressed in this video are for information purposes only and should not be construed as a recommendation or advice that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person.
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